Screened 2026-09-16 · the tape above runs as of 21:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markup label.
WEBTOON Entertainment Inc. holds its Markup at $10.42. The statistical read favours the sellers, held for 9 days.
As held on the ledger · 2026-09-16
Phase
Markup
Quantitative state
The statistical read favours the sellers, held for 9 days
Price at the screen
$10.42
Valuation
N/A trailing · 41.68 forward price to earnings
Values screen
PASS· score 70.0
Beta
2.62
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
1.48%
Below 33%
Interest-bearing debt is just 1.5% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
1.48%
Below 33%
Cash held in interest-bearing accounts and securities is 1.5% of assets, under the one-third limit.
Pass
Receivables
47.54%
Below 49%
Money owed to the company is 47.5% of assets, under the 49% limit.
Pass
Revenue purity
1.39%
Below 5%
Only 1.4% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. The price runs 36.4% above the base estimate.
Third-party analyst targets: 7 covering, consensus Buy. The average target sits +6% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Digital comics platform priced well beyond its worth
Picture a global storytelling platform where fans binge webtoons daily yet the business still posts shrinking sales and deep losses. WEBTOON Entertainment sits in exactly that spot, with revenue down 2 percent, a negative 24 percent profit margin and return on equity at negative 26 percent. Our fair value sits at 7.46 dollars against the current 10.43 dollar price, a 28 percent premium that leaves no margin of safety and earns an opportunity rating of none.
We pass because the forward price to earnings multiple of 32.1 times offers no buffer for a company that has yet to prove it can generate consistent profits or growth. The ethical screen clears without issue, yet the numbers show a firm burning cash in a competitive content market where scale has not translated into returns.
Analyst targets cluster around 12 dollars but ignore the cyclical risk of creator platforms that can lose users as fast as they gain them. Peak expectations already appear baked in, turning any apparent cheapness into a potential trap rather than opportunity. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
WBTN trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-16Markup · changed$9.96+15.4%Entry 5
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 15.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (7 analysts) rates it buy, with a mean price target of $12.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 28.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (7 analysts) rates it buy, with a mean price target of $12.
2026-07-18Markup$12.00+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (7 analysts) rates it buy, with a mean price target of $12.
2026-07-03Markup$12.00+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Markup$12.00Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
